The Donald closes on Doral Golf Resort, plans $200 million renovation

The Trump Organization closed on the deal for the 700-room Doral Golf Resort and Spa it struck in February and is now set to invest approximately $200 million into 18 months worth of renovations — that is up $50 million from the previously estimated cost. The 800-acre property, which is located at 4400 Northwest 87th Avenue in Doral, is the home of five championship golf courses, a grand ballroom and conference facilities. “Every year, my father and mother would take me to Doral for a weekend. It was the ultimate treat for me. It was beautiful,” said Donald Trump. “When the renovation is complete, Doral will be the greatest resort anywhere in the country … nothing will be able to compete with it. This amount of land in this prime a location can never again be assembled.” All of the resort’s facilities will remain open during the rehabilitation, which is scheduled for completion in the fall of 2013 — Christopher Cameron